JPMorgan Nasdaq Equity Premium Income ETF $JEPQ Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its stake in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 30.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 834,892 shares of the company’s stock after selling 366,543 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $47,856,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Clarity Wealth Advisors LLC grew its position in JPMorgan Nasdaq Equity Premium Income ETF by 10.6% during the second quarter. Clarity Wealth Advisors LLC now owns 38,912 shares of the company’s stock valued at $2,117,000 after acquiring an additional 3,727 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth about $2,069,000. Sheets Smith Wealth Management increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 77.2% during the 3rd quarter. Sheets Smith Wealth Management now owns 119,018 shares of the company’s stock worth $6,846,000 after purchasing an additional 51,871 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 142.8% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,640 shares of the company’s stock valued at $1,072,000 after buying an additional 10,963 shares during the period. Finally, FAS Wealth Partners Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 141.3% during the third quarter. FAS Wealth Partners Inc. now owns 67,297 shares of the company’s stock valued at $3,871,000 after buying an additional 39,412 shares in the last quarter.

JPMorgan Nasdaq Equity Premium Income ETF Stock Down 1.2%

Shares of JPMorgan Nasdaq Equity Premium Income ETF stock traded down $0.71 during trading hours on Tuesday, hitting $58.21. The company’s stock had a trading volume of 2,144,724 shares, compared to its average volume of 5,038,346. The business has a fifty day moving average of $58.41 and a 200 day moving average of $57.05. JPMorgan Nasdaq Equity Premium Income ETF has a 1-year low of $44.31 and a 1-year high of $59.42. The company has a market capitalization of $32.86 billion, a PE ratio of 32.17 and a beta of 0.83.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were given a $0.5761 dividend. This represents a c) annualized dividend and a yield of 11.9%. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.55. The ex-dividend date of this dividend was Wednesday, December 31st.

About JPMorgan Nasdaq Equity Premium Income ETF

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach. The fund also invests in ELNs in seeking income generation. JEPQ was launched on May 3, 2022 and is managed by JPMorgan Chase.